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AUD/USD: Sellers frustrated, breaks above 0.90

FXStreet (Bali) - Frustrating sellers who sold the Aussie after Thursday's poor jobs report are being forced to bail out amid the resilience of the currency to be bought on each shallow pullback this Friday.

Earlier in Asia, when liquidity was the lowest of the day, traders attempted to bring down the rate after an impulsive move from 0.8990 towards 0.8965, however, committed buyers kept emerging since the lowest were found, leading to an eventual breakout of 0.90, with stop above 0.9010 rumored.

Flash: China data coming up; a slowdown to be reinforced? - Rabobank

Strategists at Rabobank noted the up and coming data for the calendar for China.
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